Persistent Systems acquires Nagarro in $1.7B deal

Persistent Systems acquires Nagarro in $1.7B deal\nPersistent Systems is acquiring global IT firm Nagarro for $1.7 billion, marking one of the largest M&A moves by an Indian IT company. The acquisition aims to expand Persistent's global footprint and capabilities in digital engineering services. The deal is expected to be funded through a mix of cash and debt.\n\n📊 STOCKS: PERSISTENT | 🏢 SECTOR: IT | #HIGHIMPACT #Acquisition